Common use of Termination for Retirement Clause in Contracts

Termination for Retirement. Subject to clause (v) of this Section 5(d), if the Executive’s employment is terminated by reason of Retirement during the Term, the Executive shall be entitled to the payments and benefits identified in this Section 5(d).

Appears in 2 contracts

Samples: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

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Termination for Retirement. Subject to clause (viv) of this Section 5(d), if the Executive’s employment is terminated by reason of Retirement during the Term, the Executive shall be entitled to the payments and benefits identified in this Section 5(d).

Appears in 2 contracts

Samples: Employment Agreement (Gulfmark Offshore Inc), Form of Employment Agreement (Gulfmark Offshore Inc)

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